120, Nicholas Residence
Sold prices and rental history: sold twice, last in January 2024, and rented once, from June 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 120, Nicholas Residence
What is 120 worth today?
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Source: Dubai Land Department. Updated 14 June 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 846 sqft
- Floor
- 1st of 4
- Parking
- B-03
- Developer
- Segrex Development
- Completed
- 2023
- Last sold
- AED 800K · January 2024
- Building
- Nicholas Residence
About 120, Nicholas Residence
120 is a one-bedroom apartment of 846 sqft on the 1st floor of Nicholas Residence, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2023 by Segrex Development . It last sold on 23 January 2024 for AED 800,000, or AED 945 per sqft, 5% above the AED 898 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 14 June 2026. The current contract, signed on 14 June 2026, is AED 84,000 a year: a gross yield of 10.5% on the 2024 price.
Sales and rents for 120 over time
120 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Nicholas Residence, and where 120 sits
All 50 1-beds →120 last sold in January 2024 at AED 945 per sqft, 5% above what one-beds in Nicholas Residence were fetching at the time (AED 898). Over the last 12 months one-beds sold for AED 920,000 to 1,150,000, around AED 1,205 per sqft, and rent for AED 50,000 to 105,000 a year. 120's AED 84,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Sep 202617 September 2026 | 807 sqft | 1,090,000 | 1,350 | ||
| 2 Jul 20262 July 2026 | 929 sqft | 1,150,000 | 1,237 | ||
| 7 May 20267 May 2026 | 955 sqft | 920,000 | 963 | ||
| 13 Apr 202613 April 2026 | 954 sqft | 1,120,000 | 1,173 |
Nicholas Residence
Building91 apartments, studios to 3-bed over 4 floors in Jumeirah Village Circle (JVC), completed in 2023 by Segrex Development . 11 sold in the last 12 months.
- Typical price per sqft
- AED 1,303 Up 38.3%
- Typical sale
- AED 705K
- Typical rent
- AED 60K /yr
- Typical yield
- 7.6%
Other units on the 1st floor
All 91 units in Nicholas Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | Studio | 490 sqft | AED 530KAED 530,000 · Jun 2023June 2023 | ||
| 102 | 1-bed | 969 sqft | AED 840KAED 840,000 · Aug 2022August 2022 | ||
| 103 | 1-bed | 971 sqft | AED 861KAED 861,050 · Mar 2023March 2023 | ||
| 104 | Studio | 489 sqft | AED 640KAED 640,000 · Aug 2025August 2025 | ||
| 105 | 1-bed | 936 sqft | AED 803KAED 803,250 · Oct 2022October 2022 | 60,000 /yr | |
| 106 | Studio | 570 sqft | AED 642KAED 642,139 · Dec 2025December 2025 | 90,000 /yr | |
| 107 | 1-bed | 1,062 sqft | AED 875KAED 875,000 · Nov 2022November 2022 | 105,000 /yr | |
| 108 | 1-bed | 929 sqft | AED 1.15MAED 1,150,000 · Jul 2026July 2026 | 50,000 /yr | |
| 109 | 1-bed | 976 sqft | AED 860KAED 860,000 · Nov 2022November 2022 | ||
| 110 | 1-bed | 976 sqft | AED 855KAED 855,000 · May 2023May 2023 | ||
| 111 | Studio | 493 sqft | AED 700KAED 700,000 · Nov 2025November 2025 | 107,710 /yr | |
| 112 | 1-bed | 985 sqft | AED 500KAED 500,000 · Jan 2024January 2024 | ||
| 113 | 2-bed | 1,280 sqft | AED 800KAED 800,000 · Mar 2024March 2024 | 120,000 /yr | |
| 114 | Studio | 473 sqft | AED 700KAED 700,000 · Dec 2025December 2025 | ||
| 115 | 1-bed | 947 sqft | AED 1.19MAED 1,190,000 · May 2025May 2025 | ||
| 116 | Studio | 483 sqft | AED 485KAED 485,000 · Nov 2022November 2022 | 60,000 /yr | |
| 117 | 1-bed | 954 sqft | AED 940KAED 940,000 · May 2023May 2023 | ||
| 118 | 1-bed | 955 sqft | AED 920KAED 920,000 · May 2026May 2026 | 80,000 /yr | |
| 119 | 1-bed | 856 sqft | AED 793KAED 792,540 · Oct 2022October 2022 | 60,000 /yr | |
| 121 | Studio | 449 sqft | AED 518KAED 518,000 · Jun 2023June 2023 |
120, Nicholas Residence in numbers
- Sold twice: first on 7 October 2022 for AED 792,540, last on 23 January 2024 for AED 800,000 (AED 945 per sqft).
- Rented since June 2026 on one Ejari contract, at AED 84,000 a year.
- At AED 84,000 a year the gross yield on the 2024 price is 10.5%.
- One-beds in Nicholas Residence sold for AED 920,000–1,150,000 in the 12 months to November 2026; the building's median across all types is AED 1,303 per sqft.
Source: Dubai Land Department. Updated 14 June 2026.
Questions about 120, Nicholas Residence
What did unit 120 last sell for?
AED 800,000 on 23 January 2024: AED 945 per sqft for 846 sqft. The unit has 2 registered sales; the first was AED 792,540 in October 2022.
What is the rent for unit 120?
AED 84,000 a year on the contract signed on 14 June 2026.
How big is unit 120?
846 sqft (78.6 sqm): a one-bedroom apartment on the 1st floor of a 4-storey tower completed in 2023.
What is unit 120 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Nicholas Residence sold for AED 920,000 to 1,150,000 in the last 12 months, around AED 1,205 per sqft.
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Mortgage on 120, Nicholas Residence
Starts from the last sale price (AED 800K, 23 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 800,000
- Deposit, UAE resident (20%)
- AED 160,000
- Deposit, non-resident (40%)
- AED 320,000
- Monthly over 25 years at 3.7%
- AED 3,273
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →